VerticalScope Inc., 111 Peter Street, Suite 600, Toronto, Ontario, M5V 2H1, Canada. The company pledged to create S.U.V. 2211 Woodward Avenue Vehicles using those fueling alternatives were in test fleets, for example as taxis and shuttle buses, and some were available for sale to the public. Lisa Vanzie. Finally, in October 1998, when it was announced that the leadership position at Ford would be shared by two men -- Nasser and Ford -- Trotman, according to reports of the meeting, snarled his congratulations across the board room. "The Princeton athletics department and I are profoundly honored," Walters said. Ford Forum is a community to discuss all things Ford. | By the mid-1990s, his name was being considered to take over from Alex Trotman, who had been with Ford since the mid-1950s and held the chairman and CEO positions since 1993. To view a short video of the 1947 wedding of William Clay Ford Sr. and Martha Ford, click here. In his early years with the company, he worked a variety of positions, first in product development and subsequently on the financial staff, where many of the companys future executives started. Jeanne Martens. For a better experience, please enable JavaScript in your browser before proceeding. Ford's main goal in his new seat will be to maintain the company's solid financial record, continuing to cut costs and narrow the gap between it and the number one automaker, General Motors. Direct and open communication is the cornerstone of my Before moving to Lisa's current city of Venice, FL, Lisa lived in Schenectady NY. Chairman, Citigroup ." He bounces a The first reaction was mixed -- some on Wall Street thought it was bad business; a Car and Driver editor wondered if Bill Ford was a "guilt-ridden rich kid." But perhaps that is the least of it. In newsweeklies and on "60 Minutes," he was captured in the "tire room" at headquarters, surrounded by scores of truck engineers and rubber experts, who had taken over eight conference rooms. The wood came from sustainable forests. Both families have connections with the cathedral; the funeral for Ellie Fords great-great grandfather, Henry Ford, took place there in 1947. Some recent opinion polls show that consumers blame Ford Motor Company for accidents and deaths almost as much as they blame Firestone. Loewhaley Laura Biography, Age, Boyfriend, Family. 'The Week That Was:' Our Best Jerry Springer Stories (Jerry! cashier. With the retirement of Ford president and chief operating officer Jim Padilla in April 2006, Bill Ford assumed those roles as well. Automobiles | The leather on the chairs was tanned using a nonchemical process. Ford graduated from Connecticuts Hotchkiss School in 1975. The Explorer was in development then. Ford worked under Nasser in the 1980s, when he was a financial analyst in charge of Venezuela and Nasser was head of finance for Latin America and Asia. "It's totally outrageous to put a roof that crushes easily on a vehicle with a tendency to roll over," says Joan Claybrook, the president of the consumer group Public Citizen. Ford joined the Ford Motor Company in 1979, having graduated from Princeton. David Packard's name lent itself to one-half of the oldest and largest employer in Califo, Sandy Weill "We talked about it in family meetings," says Charlotte Ford, who, at 59, is the oldest of the 13. Nasser made his name as a "hard-charging Australian-bred task-master who expects results," as Connelly put it, with a history of slashing costs more than $4 billion in 1997 and the first half of 1998. William Clay Ford, Jr. is married to his lovely wife Lisa Vanderzee Ford. He complied. Hewlett-Packard Company degree from MIT. "Oh, absolutely, we pushed him to take the position. Ford Facebook gives people the power to Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. When they were married in 1947, in Akron, Ohio, it was a different era. Ford added the title of chief executive officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. Furthermore, he took immediate steps to give the team a needed lift. He says since he was not forced into working in the business, he will let his children make their own choices as well regarding their careers. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chairman since January 1999. Cite this article Pick a style below, and copy the text for your bibliography. As children, Ford and Cobb were east-siders who met in first grade at the University Ligget School in Grosse Pointe Woods. Nicholas Ford, Alexandra Ford, Eleanor Ford, Will Ford. 'Billy' was always the Ford to watch | Automotive News Rick Wagoner in management as a Sloan Fellow from the MIT Sloan School of Management. 's that were cleaner and safer -- less of a menace to smaller vehicles on the road. Later, he went back to school to obtain a master of science in management at the Massachusetts Institute of Technology in 1984. Ford expanded its lineup of flexible-fuel vehicles, alternative fuel vehicles, and dual-fuel vehicles. Family Life He had four children with his wife Lisa Vanderzee. Ford is also the vice chairman of the Detroit Lions NFL franchise. A William Clay Ford Jr.'s net worth Never mind that General Motors had very quietly been setting environmental goals for itself for five years and keeping them -- or that its trucks have lower fuel consumption and toxic release than Ford's. By MARTHA SHERRILL. Trivia. Lynn Ford Alandt. "I recognize that there are those who think this job was handed to me," Ford remarked to Keith Naughton in Business Week. New York Today, Copyright 2000 Site Search | As chairman, his role is to "pay attention to the big picture.". In 1979, when Henry II retired and didn't hand over the title of chairman to his younger brother -- hiring a professional manager instead -- it was hard to tell whether it even bothered William Sr. "He's never said," Bill says. Market competition, health care and raw material costs led Ford to announce a second restructuring for its North American operations in four years. In the late 90's, as the retirement of the C.E.O. They wanted a family member, if possible, to head the company. While government tests of S.U.V. Associated With American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. National/N.Y. Ford WebFunding associated with her fellowship is generously provided by the Wiliam Clay Ford, Jr. '79 and Lisa Vanderzee Ford '82 Graduate Fellowship fund. Others were concerned that the appointment would further inflate the family's influence to the dismay of the rest of the stockholders. There were 900 in all. He had been fascinated with Buddhism and Eastern philosophy since his early 20's, but one of his oldest friends, Mark Higbie, remembers that his conversations with Ford began to change when they entered their 30's. It's a talisman of American optimism and desire, of our romance with machines and of our belief in our own ingenuity -- that we can build our way out of the imperfect present and into an ideal future. ", McDonough and Ford talk about other ideas too -- about how a car could be a "product of service," not necessarily something to own. 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